Today's picks: From Airtel to HUL, hot stocks to watch on Wednesday

Nifty, Bank nifty, bharti airtel, UPL,Hindustan Unilever

Nifty       

Current:  10,249  (fut: 10,226)
Target: NA

Stop-long positions at 10,150. Stop-short positions at 10,300. Big moves could go till 10,350, 10,100. Backwardation could indicate the index will open down. A long 10,200p (144) , short 10,100p (108) could gain 15-20 if the index falls till 10,175.  

Bank Nifty       

Current: 24,448   (futures: 24,430) 

Target: NA  

Stop-long positions at 24,325. Stop-short positions at 24,530. Big moves could go 

till 24,750, 24,100. Trend remains negative with all PSU banks very weak. 

Bharti Airtel            

Current price: Rs 413

Target price: Rs 402

Keep a stop at Rs 416 and go short. Add to the position between Rs 404 and Rs 405. Book profits at Rs 402. 

UPL   

Current price: Rs 702  

Target price: Rs 690

Keep a stop at Rs 709 and go short. Add 

to the position between Rs 692 and Rs 695. Book profits at Rs 690.   

Hindustan Unilever         

Current price: Rs 1,293 

Target price: Rs 1,310

Keep a stop at Rs 1,285 and go long. Add to the position between Rs 1,304 and Rs 1,308. Book profits at Rs 1,310.